WASHINGTON (Reuters) – The Federal Reserve would win sweeping new powers over nonbank financial firms and keep much of its authority over banks, under revised legislation to be unveiled on Monday by the chief architect of financial reform in the Senate.

In a remarkable recovery by the U.S. central bank after a steep drop in its political popularity, Senate Banking Committee Chairman Christopher Dodd was poised to release a bill that leans heavily on the Fed, sources said on Sunday.

Not only would a new government watchdog for financial consumers be housed within the Fed, but it would also retain much of its present authority over large bank holding companies and gain new authority over selected nonbank financial firms.

Dodd's bill would give the Fed authority to supervise

HONG KONG -- Deutsche Bank said Tuesday it has nearly doubled its estimate for the pace of growth in China's exports this year. Deutsche Bank said in a research report that China's exports will grow 30% this year, up from it previous forecast of 16% growth, because of indications of recovery in the U.S., data suggesting Chinese factories are restarting idled production lines and reports that Chinese exporters are able to pass along prices hikes to overseas buyers business...

SAN FRANCISCO -- Amazon.com Inc. shares edged up by 5 cents to $118.13 Friday, one day after The California state senate passed a bill requiring the online retailing giant to start charging sales tax on purchases in the state of California. The so-called "Amazon Tax" was included in a $5 billion state budget package. It has been estimated that taxes paid by Amazon, Overstock no teletrack payday loans.com Inc. and other online retailers would add $107 million annually to California's budget. Gov. Arnold Schwarzenegger said last year he would veto the measure and he is said to still be against the tax plan.

California Senate Passes So-called "Amazon Tax"

SAN JOSE, Calif. – Hewlett-Packard Co.'s latest numbers show that corporations are spending more on technology in 2010 than they did last year — but only on certain things so far.

Businesses are bulking up on their back-end computing power. Sales of servers were up in HP's November-January fiscal first quarter, an encouraging sign for a part of the technology world that was hammered by the recession.

Another good sign for the industry: HP's sales of personal computers were also up. However, a lot of that growth was driven by consumers lured by the rollout of PCs loaded with Microsoft Corp.'s Windows 7 operating software.

Cathie Lesjak, HP's chief financial officer, said corporations aren't expected to spend heavily on new PCs until the second half of the year.

That anticipated

LONDON -- Norwegian fertilizer group Yara International said Monday that it will pay $41.10 a share, or $4.1 billion in total, for Terra Industries Inc. . Yara said that the deal will improve its position in the U.S. "Yara and Terra are a perfect fit, and the combination will elevate Yara to a truly global leader in the industry," said CEO J�rgen Ole Haslestad. Yara has identified yearly cost synergies with pre-tax effects of $60 million within a year after closing payday loans guaranteed no fax. It intends to issue shares to raise $2.0 billion to $2.5 billion. Separately, Yara said that it swung to a fourth-quarter net profit of 1.4 billion Norwegian kroner ($236 million), from a loss of 2.1 billion kroner a year ago.

Yara International To Buy Terra, Post Profit

To the Editor:

Re “Back to School, as an Adjunct” (The Search, Jan. 31):

I’m now 72, and have been an adjunct professor of economics for about 30 years at both four-year and community colleges. It started as a part-time endeavor, primarily for additional income to help finance my children’s college education. At the time I was employed as a pension analyst; I found that the jobs complemented each other. Later, when my corporate job was eliminated in the early-1990s recession, I became a full-time professor in the business division of a community college.

Since retiring about eight years ago, I have again been teaching part-time — and the income helps support our sagging

STOCKHOLM – Swedish aerospace and defense group Saab on Friday reported a fourth-quarter net profit of 313 million kronor ($43 million), helped by lower costs. The profit reversed losses from the same quarter last year, when earnings were heavily weighed down by one-time charges.

The result for the October-December period compared with a loss of 724 million kronor in the same three months in 2008.

Last year's shortfall was partly due to provisions and write-downs resulting from delays in major projects.

Saab shares tumbled 6 percent to 110.50 kronor ($15.22) on the Stockholm stock exchange.

Saab makes fighter jets and weapons systems and has about 13,000 employees no fax payday loan. It sold its automobile division with the same name to General Motors Corp. in 2000.

Saab reiterated

The Kellogg Company reported Thursday that higher costs and lower sales damped its fourth-quarter profit, but it said it had positioned itself for growth and raised its earnings expectations for the year.

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Kellogg said it earned $176 million, or 46 cents a share, in the quarter, down from $179 million, or 47 cents a share, a year earlier. Revenue fell 1 percent to $2.90 billion, from $2.93 billion.

The income fell short of the 49 cents expected by analysts surveyed by Thomson Reuters, and shares of Kellogg fell $2.78, or 5 percent, to $52.41.

Kellogg, which is based in Battle Creek, Mich cash till payday advance., said strong sales of its cereal and snacks, particularly in North America, helped offset

Comrades, comrades.

WBAI, 50 years old and still innovative in its programming, has suffered management coups and countercoups in the past decade, and assailed some of its own journalists as running dogs.

Alex Steinberg, a late-middle-aged self-described revolutionary Socialist in a pullover sweater, attempted to bring to order to the board of WBAI, also known as “free-speech radio.” And even better known as New York City’s last FM outpost of lefty, vegan, hip-hop, poetry-reading and — often but not invariably — conspiracy-minded radio.

His efforts did not go terribly well.

“You’re a reactionary fraud, Alex!”

“Why don’t you resign, you scab?”